Key Market Indicators
Chile's tungsten import is expected to decrease from $1.1 million in 2021 to $863,000 by 2026, a 4.3% drop on average each year. This marks a steady decline since 1995, when the decrease was 2.7% year on year. In 2021, Chile was ranked 46th, with Slovakia just ahead at $1.1 million. Germany, Japan and Austria followed as numbers 2, 3 and 4. Chile's tungsten export is expected to increase from $766,000 in 2021 to $974,600 by 2026, a 4% rise on average each year. There has been a steady growth since 2001, when the increase was 33.7% year on year. Chile was ranked 34th in 2021, with the United Arab Emirates ahead at $766,000. Germany, the United States and Japan followed as numbers 2, 3 and 4.